It looks like a nice, little camera. But the question for me is, with an Oly 17mm - or even a Panny 14mm - on it, will it fit into a shirt or blazer pocket without a problem? If not, then I'll keep my Canon S95 for occasions when I need that kind of compactness. This applies to Pansonic's GF3 as well. Still, talk about ultra-fast, and ultra-accurate auto-focus on the Oly is pretty exciting. This is the area where I want to see the MFT players compete.

Sounds like Olympus might be going the way of Panasonic, in shifting their lines around. They said the E-P3 should have a built-in flash and the E-PL3 should have a tilt screen, and now the E-PM1 looks like the same size as the XZ-1. So I'm guessing the E-PL3 will be more along the lines of the Panasonic GF-3, and the E-P3 will carry on from the current E-PL2.

At least one thing you know is that if Olympus designs the E-PL3 like the GF-3, they won't ditch the hotshoe. Even their XZ-1 as well as this supposed E-PM1 leak has a hotshoe, and how much smaller could they make the camera than that? There's no need to forsake essentials like a hotshoe for the sake of compactness.

Man, I am holding out to buy an E-pl2 after this announcement, however even the e-pm1 looks mighty tempting. If it retains a few of the controls found on the E-pl2 (mainly the control wheel), it might end up being my choice! If they pair it with the 17mm I'm sold (that focal length is a gap in my collection and makes a nice walk-around prime).

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